Forex/Cryptocurrency General Chit Chat Thread

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Mr. Wood

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Wed Dec 19
5:30pm GBP CPI y/y
9:30pm CAD CPI m/m

Thu Dec 20
3:00am USD FOMC Economic Projections
USD FOMC Statement
USD Federal Funds Rate
3:30am USD FOMC Press Conference
5:45am NZD GDP q/q
8:30am AUD Employment Change
AUD Unemployment Rate
Tentative JPY BOJ Policy Rate
Tentative JPY Monetary Policy Statement
Tentative JPY BOJ Press Conference
5:30pm GBP Retail Sales m/m
8:00pm GBP MPC Official Bank Rate Votes
GBP Monetary Policy Summary


Fri Dec 21
5:30pm GBP Current Account
9:30pm CAD Core Retail Sales m/m
CAD GDP m/m
USD Core Durable Goods Orders m/m
USD Final GDP q/q
11:00pm CAD BOC Business Outlook Survey
 

Mr.Canberra

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Seldom post as jiak hong for few weeks.

This coming week may I remind you guys to have ample margin for FOMC event.

I dry spell for 2 weeks plus straight. Heng got SG bonus $300 this month if not really eat grass! :s13:
 

HWZ1973

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Hi Forex gurus,

Could I check if you guys trading AUDUSD now, are you having positive or negative swap for a Long trade?

How can we know if AUD is yielding a higher interest than USD for a positive swap?
Any reference that can be used?

Thanks!
 

MrPippen

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Hi Forex gurus,

Could I check if you guys trading AUDUSD now, are you having positive or negative swap for a Long trade?

How can we know if AUD is yielding a higher interest than USD for a positive swap?
Any reference that can be used?

Thanks!

Not sure, but I think different brokers will offer different rates. No fixed rule across all brokers. My broker is on negative swap, which I'm fine with. RBA is at 1.75% and Fed is at 2.25%.
 

havetheveryfun

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Hi Forex gurus,

Could I check if you guys trading AUDUSD now, are you having positive or negative swap for a Long trade?

How can we know if AUD is yielding a higher interest than USD for a positive swap?
Any reference that can be used?

Thanks!

confirm negative..usually if you long the currency with a higher interest rate against one with a lower interest rate, the swap will be positive (but not always) ..

some brokers will show.. e.g. if you open demo account in CMC markets you can click on Product Information and it will show there..

if not you can google online also for a rough estimate : https://forexop.com/swaps/AUDUSD/

different brokers definitely offer different rates but wont be so extreme like one broker is positive swap and one is negative swap.. will be quite close..
 

Mr. Wood

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i thought generally long higher interest rate currency will have positive swap.
anyway I dun usually hold positions for long term so not affecting me much. :s22:
 

Mr. Wood

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Seldom post as jiak hong for few weeks.

This coming week may I remind you guys to have ample margin for FOMC event.

I dry spell for 2 weeks plus straight. Heng got SG bonus $300 this month if not really eat grass! :s13:

jsm $300 :eek:
erection coming. :s13:
 

Mr. Wood

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I am interested to learn forex. :(

Any SG forums I can visit then?

learn the basics from brokers. they more than happy to teach u especially how to operate the platform and draw indicators.
then go to babypips to learn more.
 

Mr.Canberra

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jsm $300 :eek:
erection coming. :s13:

London traders lip lai liao!

SG bonus really a saviour for me. Dec a bit pok gai due to paying some bigger ticket item. :s13:

Anyway I think market priced in for FOMC event liao. The volatility will be muted.
 

MrPippen

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learn the basics from brokers. they more than happy to teach u especially how to operate the platform and draw indicators.
then go to babypips to learn more.

Thanks, but any local forums that are active? Prefer a local community. Thanks. :)
 
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